After reading ATH's website I see that 5 major shareholders own 47% of the company (although 3 are Income Funds who may have sold by now after the dividend cut). But it also states that 24.5% of shares are not in public hands. Would this be in addition to the 47% or included? I'm surprised the SP hasn't risen more lately - with the price of coal expected to increase well ahead of inflation over the next 2-3 years and ATH attempting to expand into Australia the future looks bright. And let's not forget ATH paid a dividend of 11.6p back in 2006/07 which will hopefully return as profits rocket.
This share is baffling. I bought in at 9.9p on the strength of new contracts and there have been more since yet the SP doesn't reflect all the "good news". Which makes me wonder how much money are INGG actually going to make from these contracts?
Sorry to hear you've bought two shares in one day at their peak. I hope you have a balanced portfolio so it's not too much of a disaster? It's very dangerous to buy into shares that are rising or have risen but we all do it. You're better off spending hours and hours researching companies and buying into them before they rocket. Or take a short-cut (as many on here seem to do) and find a poster with a believably good track record and follow them. Sometimes it works, other times it doesn't. Even the ones who seem most sincere suddenly disappear after they've taken their profit - but who can blame them? My best investments have been the ones I researched myself. Following the herd can be very expensive! Hope this helps.
If it is up 15.6% it's currently # 15 Top Riser which means I could breathe a sigh of relief about my reckless prediction last week! Pity I don't feel so confident about much else in my portfolio!
Unlike Dobboy I would touch this share with a bargepole! Yesterday I increased my holding by 50% @ 11p which was unfortunate because today I was quoted 9.3p. I'm sure all the Sells over 9p listed on this site are Buys. Obviously OHM is a gamble but it's in much better shape now than it was a few months ago. I don't believe the current SP reflects that. Fears have been expressed elsewhere about them running out of cash but there's been a placing recently @ 21p and I'm sure that if the worst came to the worst their major shareholders could be tapped again!
Why not as there's some volume showing. I'm not sure CLN is a classic Pump & Dump. I'm not aware of any ramping before it rocketed 152% late Friday - more likely a news leak and the MMs were caught very short of stock.
It's fallen this morning but not disastrously.
Yes, I agree, the two bears should merge. STBR is on the prowl for businesses to buy and I think NTBR would be a good investment for them. But what to call the new company?
Thank you so much! There are tears in my eyes! Seriously! It's a lonely life sitting in a cottage in an idyllic part of West Suffolk watching a bloody computer screen all day! As for getting into PXS @ 1p I failed to sell on the various spikes since! Ditto SAR! Ditto GKP! Trading and investing seem to require different talents. I have no trouble seeing the long-term picture but making money intra-day I find more difficult. In case you're interested, my Long Term Hope is TRP! I hold 100k shares and I hope it rises 10000%!